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again to swiftly join his government and put an end to deflation. he says it's only natural for the government to get involved in shaping monetary policy noting that conventional steps have failed to pull japan out of the drawn-out price downturn. abe made his call with officials of the japan business federation or keidanren on tuesday. >> translator: soon after we form a new cabinet tomorrow, i hope the government can establish a policy accord with the bank of japan to set an inflation target of 2%. the bank should be held accountable to meeting the target. >> last week boj policymakers decided to decide whether to set the 2% target in january. the bank's current goal is 1%. meanwhile the keidanren chairman is stepping up efforts to lift the nation's sagging economy. he said the landslide election victory signals the party's hope to regain a strong japan. >> translator: i think a wide variety of policies including monetary policy should be implemented to get the economy back on track. they will together help trigger economic growth again. >> he also expressed his support fo
of the confederation, that government is too weak so we are starting to write the constitution. this is where the second amendment obviously comes. how did this all develop? >> guest: nowadays it's become fashionable among the people that support them rights strongly to pick out this or that quotation from that leader like samuel adams or thomas jefferson or whoever and implied that in the second amendment is basically seen as a rate of the individuals to defend themselves and defend themselves against the government when it became tyrannical. that is a misunderstanding. it was a political matter in the second amendment. it was a part of what became the bill of rights, and the reason for it is that when -- after the unhappy experience of the articles of the confederation led the founders to try to figure out a better way of governing this country, they came up with a constitution that is full of checks and balances, but as it was submitted to the states for the ratification it became clear that they might not get the nine states they needed unless there were promises of still more controls ov
we are going to have to get eight bigger truck. that's what the government is trying to do. borrow the way out of debt. it is impossible . it never worked in the history of the world . dr. art's curve works every single time. >> we are up against the end of the show. we have kelly wright and healther childers. play us out in the new year or satted afternoon with your song all of the gold in california . thank you for watching and here is it larry gatlin. >> never was appropriate. ♪ all the gold in california. ♪ is in a bank in the middle of beverly hills in somebody else's name. >> a fox news alert. senate leaders now holding crucial fiscal cliff talks on capitol hill rushing to come up with a last ditch agreement to avoid deep spending cuts and year end tax hikes affecting the lives of every american, i'm kelly wright. >> i'm heather childers in for jamie colby. the 11th he hour scramble after a crucial meeting on friday, between president obama and the leaders of the house and senate and urged lawmakers to urge them to do whatever it takes to cut a deal. >> i'm modestly opti
back to the mid-1950s has ever cut government spending. we continued to add spending every year, both parties guilty. why should that change? why should anyone watching us right now believe anybody in washington's going to be fiscally responsible? >> adam, it's the right question, and that's dwr i said a minute ago, we need a big deal. if it's a smaller deal, remember, we got to go to the debt ceiling discussion and some of the other trigger points and make sure we get the savings and the entitlement reform and the things we need to get this deficit and debt under control. it's about getting the economy on track and also getting the deficit under control. adam: you are a moderate, highly popular in the state of north dakota, and you have compromised with both sides on these issues, but the vast majority of the public looks at congress, all of you, the house of representatives and the senate looking at you guys with disgust. is that coming across in the halls of the capitol? do the people there understand what the people out here, the 310 million of us consider when we think about the
reports on the military and government failings in the war in afghanistan. nancy gives him an editor at large and michael duffy, executive editor for time magazine chronicle the relationship between the u.s. presidents in the president's club in side the world's most exclusive fraternity. political commentator kevin phillips recounts what he believes was the most important year of the american revolution which was 1775, a good year for revolutions. for an extended list of links to various publications, 2012 novel book selections visit the book tv website, booktv.org or our facebook page facebook.com/booktv . >> up next on book tv, richard wolff and david bersamian talk about our economic crisis and argue that it can be traced back to the 1970's when our economic system shifted from benefiting a vast majority of americans to one which mostly benefits only the very rich. this is about an hour-and-a-half. [applause] >> good to see you will hear. let's cut quickly to the chase. what is it and the dna of capitalism that makes this so unstable? >> since the beginning of economics as a disc
a social security, medicare, medicaid. that is not the only entitlements. every government program that has a retirement benefit, a health-care benefit, those are entitlements, two, up to and including the entitlements for the congressman. let's be fair. when they start talking about entitlements and hold it to those three items, let's hold their feet to the fire and make them talk about entitlements for the other folks, too. host: appreciate you calling this morning. donna writes about this on twitter. if that to facebook here. -- back to you facebook here. budget showdown hits the keep week. that is of the front page reminding us of the deadline looming. it is a bloomberg story here out of the district. i you can watch the byplay here on the c-span that works with the president heading back to town tonight. the senate and house are due back tomorrow. billy from jacksonville, florida, to life for waiting. caller: i am very optimistic but i worry that the president will not get a chance because lindsey gramm already stated he will fight. i think there will already be another big fight for t
of paying for college has shifted from the federal and state governments to the families. the only type of financial aid that has elasticity is the loans. stafford loans have limits. parent + loans have no aggregate limit. it has nothing to do with the family's ability to repay the debt. the second aspect is the students and parents are chasing the dream, and they will sign whatever piece of paper is put in front of them without paying attention to the details. they figure they will figure out how to deal with it after they graduate. there are ways to reduce your debt such as attending and in state public college or a college with generous financial aid policies. that is one of the most effective ways to do that. once you're on campus, you can buy cheaper textbooks and sell them back to the bookstore. but that does not do as much as just going to a less expensive college. >> is the chasing the dream aspect something that in previous generations was possible and able to figure out after work, or is it in knowledge gap in terms of things have changed? why is it more of a problem now, or i
the government can just let people build and build and build without some sort. of sort host: thank you. guest: you make a good point, but urban development in florida occupies 10% of the state. most of the -- most of the everglades is protected by state parks. if people want to protect more land, they could buy land and put it under conservation easily, but there is plenty of land available sphere without impacting the everglades in the awkward first. to say that we should confine people to 10% of the state, when you have one of the 3 or four most heavily populated states, means you are seeing newcomers are not welcome, existing renters can not buy houses, our children cannot buy houses. that is not the american dream, to stand in the way of our future. host: the book is entitled "american nightmare -- how government undermines the dream of homeownership. this is from drake cinders -- what land use restrictions would you approve of? guest: a buy support local homeowners imposing their own -- i would support local homeowners' imposing their own restrictions. this is how it works in houston, w
it was during the war but i wouldn't travel without the security from the iraqi government in my own private security. stomach michael gordon covered the war for "the new york times" and the endgame is his newest book. this is book tv on c-span2. >>> now from the 2012 miami book fair international, michael talked about his book what money can't buy the morrill in the markets in which he addresses the ethical question is their something wrong with the world in which everything is for sale? this is about 40 minutes. [applause] >> thank you, david, everybody for coming. today i would like to engage all of us in a discussion of the question of the book. it's an easy question to state -- i'm sorry easy to answer what should be the role of money in markets in our society? today there are fewer things that money can't buy. if you are sentenced to a jail term and california just in case that happens to anyone of you, you should know that if you don't like the standard accommodations you can buy a prison cell upgrade. it's true. for how much, do you suppose? how much do you think it costs? $5,000? $9
on a bus in delhi, leading to days of street protests. the government using water cannons to try to keep the situation calm on the streets. there was a distinct sense that people in the know were telling us what had to happen to avoid this kind of thing happening again was not only an examination of having the police do their jobs, but reform of how the authorities to deal with this kind of the incident in delhi. the top line on the story, the victim of gang rape in delhi who is being treated at a hospital in singapore has now passed away. >>> a final meeting between president obama and congressional leaders to hammer out a last-minute deal towards the so called -- to avoid the so-called fiscal cliff has finished. john boehner was at the white house today, trying to reach an agreement to avoid hundreds of billions of dollars of tax increases and spending cuts. no statement is expected anytime soon. we go live now to washington to war correspondent, ben. >> all of the participants at this meeting left without a word. i don't think we will hear from them the rest of the day. there is a gre
a country, we have the articles of confederation, and that government's two weeks, writing the constitution. this is where the second amendment obviously comes in. how did that all development? what's the -- >> guest: well, nowadays it's become fashionable among people who support gun rights strongly to pick out this or that quotation from this or that leader like samuel adams, thomas jefferson, or whoever and apply the second amendment was seen as a way to enable individuals to defend themselves and defend themselves against the government when it was tie tyrannical. that's a mismonsing. it was a political matter, the second amount. it was part of what became the bill of rights, and the reason for it is that when -- after the unhappy experience of the articles of confederation that led the founders to try to figure out a better way to govern the country, they came up with the constitution which we know is full of checks and balances, but as it was submitted to the states for ratification, it became clear that they might not get the nine states needed unless there were promises of still mor
between 40 and $65,000 a year will have to pay an extra two grand to the government. gregg: coming up we'll talk with republican nick mulvaney whose house budget committee is obviously on the forefront of the fiscal talk. so we'll try to get the latest from him in just a moment. patti ann: meanwhile, gregg, we have new warnings from the treasury department that if a fiscal deal isn't reached our government will have to turn to extraordinary measures when the debt limit hits its ceiling. $16.4 trillion probably on monday. fox business network's stuart varney joins us now. hi, stu. you say this is the big story people aren't talking about? >> it is a sleeper issue, patti ann. on monday the government officially runs out of money and it can not borrow anymore. so it will have to shift all kind of cash around to make sure they can pay their bills and maybe they can do that for a couple of months. means you can kick the can, eight weeks be maybe, until the absolute crunch comes. there are consequences to this. it could be that america will be downgraded again. after all back in august of 2011
, and it would each without utterly beknighted agricultural policies followed by until federal government with subsidizing -- that was a pleatly unnecessary aside -- completely unnecessary aside, i apologize for that. [laughter] originally, it was moved over vast distances in that quite tasty form of whiskey. we then moved to pigs which are, of course, corn with feet -- [laughter] b we have always preferred salted pork to salted beef, and then once this character, armor, figures out about refrigerated rail cars, you put the blocks of ice on top rather or than below the beef so that cold water drips down, you're able to have a single great stockyard in chicago which is moving that, those corn-fed beef in a cost efficient manner east. now, even though cities form for utterly prosaic reasons, miracles happen when smart people come to being around each other, when they learn from one another. think about athens 2500 years ago, or think about florence 600 years ago in the age of the me dissi where a city built on wool and banking, a city who connected brilliant people and learned from one anot
investments were frequently subsidized by the federal government, water pricing was often calculated without accounting for the initial cost to build the systems. we made major investments in assets in the '50s, '60s, and '70s. and for the first 40 years of that pipe, there really may not have been many maintenance requirements. we're past that period now. narrator: water pricing based only on day-to-day operation, and not on planning for maintenance and eventual upgrades has resulted in a considerable repair and replacement backlog. allbee: on a national scale, if you looked at what we're spending now, and you looked at the additional investment requirements over the next 20 years, there's a $540 billion difference. man: so one of the greatest challenges is to reflect true value pricing. so that the citizens and businesses that rely on water and wastewater infrastructure systems are actually paying for it. narrator: cities and municipalities across the united states are now facing this funding gap, between projected revenue and projected expenses, as they strive to maintain water quality an
geithner. it could delay the tax filings. the government relies on august revenue to come in and it usually comes flooding in during march and april. people need to pay their taxes, but they don't know which tax rules will apply. host: the other deadline is the debt limit. here at $16.4 trillion. guest: >> the treasury department can stop funding federal pensions and do some other maneuvers, essentially to buy them another six weeks of time. we all at this last year. closer they get to that is when financial markets will start going crazy. the debates we are having now about tax and spending will likely be the same debates we are having six weeks from now. host: there's the u.s. debt clock. you can also see how much that is for individuals and what protection is moving ahead. our guest is damian paletta of the wall street journal. the covers finances and congress and the white house. his work is available online. from the senate floor yesterday, these comments by the senate democratic leader harry reid. [video clip] >> the speakership all members of the house back to washington today. he sh
for a tax increase in 22 years. that has really slowed down the growth of government from what it would've been otherwise. no obama comes in and wants to spend more and raise taxes. republicans are saying no. we would have a problem if obama hadn't increased the budget by a trillion dollars more a year. gerri: let's face it, whether you're talking about stimulus spending, obamacare, that's3 going to go through the roof, the things that you're going to pay for all this with higher taxes is lunacy, to say the least. on that note, we're going to have to leave it there. thank you for coming, grover. we hope to see you in the new year. christmas sales were weaker than expected. so now retailers have to give shoppers deeper discounts. in a new proposal to help stggli homeowners. don't worry, the government will take care of you. we will explain coming up next gerri: retailers are experiencing their worst holiday performance since the 2008 financial crisis. but is it too late to count retailers out? could post holiday discounts have retailers and shoppers spurting? let's ask founder america's
communications are looked at by the government. people want amendments. unfortunately congress once again is acting at the last minute trying to renew something about to expire and there is probably not the time to do revisions that are necessary. that's a problem here. harris: because critics want this to be revised as you just put it. the white house doesn't. it wants it to pass the way it is. a lot of people are in favor of it because it is helping to keep us safe since there is homegrown terror in the united states and we need to find it. i want to if which have the words put it up on the screen. kentucky senator rand paul had this to say on the senate floor yesterday. and what he was basically saying is that this interferes and disputes the power of the fourth amendment. and that it needs to be changed. again, dan, you say we may not see any changes to it because the deadline is tuesday? >> it is really important to note that even the supporters of renewing acknowledge there needs to be reform. there needs to be more oversight. we need to know more how the fisa court works. we want m
of the choice that was made to put in combined sewer systems. narrator: in 1994, the government adopted a combined sewer overflow policy to reduce csos nationwide. cities with combined sewer overflows now face an enforcement action called a consent decree. under a consent decree, a city must reduce pollution levels significantly within a strict time frame or face heavy fines. in 1960, the combined sewer overflows were a perfectly legitimate way of dealing with sewers. woman: the mind set was that, what did it matter if we were sending our waste downstream? water was a good conveyance for pollution. man: sewer systems are installed to reduce public health problems. now what you're doing is transferring the problem, you're transferring it to downstream cities. in addition, cities and towns above pittsburgh were doing the same thing. and then they were affecting the water intakes of pittsburgh. 90% of this region gets its drinking water from those same rivers that we have overflows occurring. hecht: we have sewage overflow with as little as 1/10" inch of rain. and our average storm here is
into an intellectual question about the role of government. the person said government should not provide for the nutrition of children and it struck a chord with me because i don't think people think about what that would mean. we don't realize we live in a society where we make small amount of investments early, we make big investments lake. we all in fact are deeply invested in the success of kids because the more the economy grows, artists, teachers, professors and a entrepreneurs, children are the greatest natural resource we have in america, our children. my late -- this woman says this, i go back and she says why don't we see what it is like to live on food stamps or the snap program. i went to bed thinking no big deal. it was a big story. thiokol my staff. guess what i am doing? but it was a powerful thing. one of 14 cities in america with a food policy director and we had done a lot of work when trying to expand affordable health options. i said this is a great thing. we could not only raise levels of compassion and understanding and dispel that stereotypes about snap and things
. people resign from their positions, but they don't necessarily resign their employment in the government. for the head of diplomatic security, although he's a presidential appoint tee, my understanding is he's also part of the foreign service. so he has left that particular job, but he's still a member of the foreign service. and i think a similar situation applies to the other three people. that's something that, you know, if it were a political appoint tee as the assistant secretary, once you resign, you are gone, that's it. and that was the impression that they left when these announcements were made last week but that's obviously not what has happened. >> that's what people want to know. so they have accepted eric's decision to resign but nevertheless people are still on the payroll. there's the accountability? and it's a coverup of resignations. they don't seem to have any import behind them. the fact of the matter is it's just for show. more political coverup to say we are doing something, heads are going to roll, maybe not the heads that matter and it's -- >> it's a lot of blue sm
taxes and families making between $40-65,000 a year will pay an extra two grand to the government. >> and tomorrow, john barosso and kent conrad will be sitting down with chris wallace will be talking about the fiscal cliff. check your local listings for the time and channel in your area. >> heather: president obama nominating john kerry to be the next secretary of state. he currently chairs the foreign relations committee. he called on congress to move quickly on the confirmation. peter doocy has the story from washington. >> reporter: a week after susan rice told president obama not to nominate her for secretary of state because she thought the nomination process would be lengthy and costly, the president picks john kerry to make america's top diplomat as the country is leaving two wars but facing issues in syria, iranian and north korea. >> john's entire life has prepared him for his role as the son of a foreign service officer. he has a deep respect for the men and women of the state department. the role they play in advancing our interests and values, the risks that they unde
that has been taken up by our unfunded government programs. that is the number one cause of our fiscal and debt problem and it's not going away. so it looks like 2013 is going to be real. it's going to be dealing with issues of peace and war, national identity and issues of personal security. you think it's not important? say it and you're part of the problem. and that's "hardball" for now. th thanks for being with us. "politics nation" with al sharpton starts right now. >> thanks, chris. and thanks to you for tuning in. tonight's lead, the gop is in denial and they're scrambling to make a deal. the only problem? they still haven't learned that they're going to have to compromise. just hours ago, president obama returned home from christmas vacation. looking to jump start negotiations and protect millions from seeing their taxes go up. the news comes after a conference call that mr. boehner held with gop house members, telling them to return to washington this sunday. but just because they're coming back doesn't mean they're looking to play nice. today, senator harry reid blasted the s
the cultural revolution. why? he says, because then you knew the government was the enemy, now you're not sure. [laughter] so i said you already want to bring up about a democratic system. they said yes. i'm not a law teacher. so after they say how much they're all favored the market, i said that's a very interesting question, point. i favorite. i favorite, but i've noticed from what i've read that there are millions of people in china who make just a few dollars a day. and they are on the own land and they're not very rich really. and you have quite a lot of money i gather. i was told. and suppose they also look, we are in the majority, and justice money down you. we're going to take it all away from you and give it to us. and the one who started this, i said to you favor that? if that's the result. he said i am in favor of democracy, but maybe not right now. [laughter] so you see, it's like a tiger by the tail. so you start looking at the other side, and they are afraid of a certain kind of chaos or of a certain kind of, and so somehow you have to, you have to, now that, that is partly, that
that in three business days, the summit government is going to run out of borrowing capacity. john, if there were a treasurer in a business who went to their boss and said by the way, three business days, the working capital account dies and as a result, you are not going to make payroll next week, that person would be fired. we get three days notice about hitting the debt ceiling? that seems absurd to me. >> it is not a surprise.rise we have known we were coming to this point and there are two months more -- geithner estimated in that letter that the ways in which the federal government can manage money will give about would months worth of head room, possibly even longer. february or march or -- where we really get to the -- rubber hits the road on that issue. so -- this is not a shock to anybody in government but the publication of this letter and the elevation of the issues in attempt was done in 2011. there was an early moatfication by treasury this was about to happen, trying to get congress to move in a -- interest didn't work then. we will see if it works now. >> defaulting
are not safe. our relatives. nobody is safe in the city anymore. and we don't really see the government picking up that as an issue. safety is the first thing you would assure to a citizen. >> reporter: this isn't the first time a rape case has been reported. many more never are. but this case has become a lightning rod in india. people are disgusted with the brutality of the rape. protesters say enough is enough. >> the brutality of this crime and the way it has been handled, the kind of insensitive treatment that some of the -- statements that some of the politicians and some of the people have made ensure that not only me -- everybody has come out to say that this is not done. and we are not okay with this. >> reporter: they want to see the government take concrete steps to address their concerns. >> surely, definitely. then, you know, faster justice. you need to have special courts where it's not open to the public. i think that's still a provision. we need to have more courts and better hearing and stronger assistan assistance. >> reporter: it's no longer about one girl or one particular r
think about politics, how we think about government, how we think about each other. >> there is a cultural shift, and jon meacham, i thought it was very telling what newt gingrich said about the republican party's challenges. he said they either wake up to the realities that are facing them. this election was much worse for them than they expected, or there will be young voters who will be obama democrats for the next 40 years. this could be a watershed election if the republicans don't respond in the correct way. >> one of the interesting things -- and i wonder if rick in thinking all this out, if what you all made of this -- is, you know, fdr had this legacy. you still had people -- hubert humphrey was still running in 1 1968 as an fdr democrat. one question i have is, is this wave of democrats, and is obama himself a sui generous figure or is he a kiclintonian figure? >> i addressed some of this. the "r" word, realignment, is something that people are talking about. there was a reagan realignment, and basically you could argue that this is finally the end of the
to ezzpows like the assault rivals. the government dyeds what -- decides what type of firearm every person in the united states of america is allowed to own or not allowed to own, that is the start of the loss of the second amendment, and that will be the disarming of the united states of america. host: kenneth, you talked about the liberals. but in this article, the "new york daily news" this morning, they quote several republicans, among them, senator tom coburn, also objected to lapierre's plan, sort of. he said -- host: what are your thoughts to those responses from those republicans? caller: i agree with those comments. let me say this, as far as the more broad sense of this issue with regards to the connecticut shootings. it's perfectly clear that the young man that committed that atrocity was troubled individual. the problem with our society is that we need something to recognize, deal with, and stride help with, for the people, the families, the parents that have to do that. i've read a number of articles since then where by sthradse have that mental illness, but when they go to se
money it just shuts the government down . risks the full faith and credit of the united states it is it about recognizing the debts that we incur and shouldn't be part of a extorsionist process. >> congressman you want the last word. >> the debt limit is part of our lecherage and not extortion. but making sure we live in our means and address the problem of spending. >> thank you for joining us today. we appreciate your sight. >> happy new year. >> and the united nations's envoy to syria warns that the civil war could meanos for the entire region. >> they met in moscow today and the talks don't seem to have prused much progress. >> they are concerned about the number. i recaller this week. bashar assad . the only hope for a solution is through the political talks. he and the russian foreign prime minister is ruling in syria untillet election takes place. secretary of state hillary clinton is expected to be back in the office next week. and she fainted and hit her head after being dehidrated from a stomach virus . what some are calling the benghazi shuffle . they are thought to
a deep channel. >>> and america's population growth is slowing down. the government says it's due to lower birth rates during the economic recession and lower immigration numbers. as we start the new year, there will be 315 million people in the united states. the population, though, has grown less than .75% since 2010. so a slower rate of growth. still, 315 million people is -- >> seems like enough people in some places, that's for sure. thanks, lisa. >>> hopes have been crushed and families in the making ripped apart. a new law bans americans from adopting russian children. ng tom about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. >>> from what we surmise, this meeting at the white house between the presiden
making between 40 and $55,000 a year will have to pay an extra 2 grand to the government. >> jamie: an american marine veteran was jailed for months in mexico and may be back on u.s. soil today, just in time for christmas. jon hammar spent four years fighting in iraq and afghanistan to be locked up for trying to bring an antique shotgun into mexico, where he was taking a couple of days off and he said he declared it at the border and he was told it was a-o.k. to go in. dominic, i'm struck by that photograph when i see it, after learning for four months he was chained to the bed. >> reporter: it is astonishing, totally inhumane conditions, what is good news, he is driven home, across the country, taken to florida by his dad and they are expected to arrive christmas eve in time for the holidays. good news for the family and 48 hours ago, things looked very different, like jon would be spending many more months in his cell as the mexican authorities were taking a strict stand against his case, and, he spent the night in texas and they released him, just across the border, where he was
the syrian government from attacks its own men, women and children. and human rights group reporting the regime shelled a bakery and a rebel held town killing 20 people, including at least 8 children. we cannot independently confirm this, of course. meanwhile, russian officials say they are set to meet with the united nations special envoy to syria this weekend. russia has repeatedly blocked the united nations from taking action against the syrian government but has recently taken steps to distance itself from the syrian regime. egypt's president mohammed morsi portion of voters opposed the enough constitution. he is calling for dialogue now to address the divisions that has polarized the nation and led to mass protests. still he had nothing concrete to offer his opponents. new document passed in a referendum with nearly 64% of the vote. critics say it restricts freedom and expands the influence of islamic law. president morsi and supporters says moderate democratic state in fighting depression, dictatorship, nepotism and corruption. the holiday shopping season is drawing to a close
a five-year extension of the foreign intelligence surveillance act allowinging the government to eavesdrop on overseas phone calls and e-mails from potential terrorists. they say it's protected us from more attacks like 9/11. others argue the bill could be abused. the bill is being sent to president obama and he is expected to sign it. >>> and the state's same-sex marriage law went into effect at midnight. the first in line to tie the knot, and they say they've been waiting years for this moment. >> it's very surreal still. we didn't -- we didn't expect all the cameras and everything tonight. >> we finally feel equal, and happy to live in maine. >> it's official now. >> after nine years, it's -- it's all good. >> yep. >> maine, washington state approved same-sex marriage, it's already legal in d.c. and six other states. >>> let's turn to the weather. face it, it's affecting a huge chunk of the nation right now. >> there's a lot of snow out there. in fact, snow currently covers more than half of the lower 48 states and unfortunately for some people, the storm's not over yet. le
. you know just despite the court is saying the government has not backed down and was within the last few hours and saying the law will be tree ree drafted to con forp with the court's ruling. nevertheless, there is spill widespread support for this tax. they are planning to speak in belgium and wealthy entrepreneurs have moved to countries in the region that have lower taxes. today's decision could delay those departures for the time being. >> gregg: katherine, live in paris, thanks very much. >> the president may want to check out the laffer curve before he rewrites that law. when people flee or stop working that is the laffer curve. >> arthel: your french reporter was there, how about this, you got plans for new year's eve. >> gregg: that is impressive. >> it starts at 11:00 p.m. eastern and megyn kelly and bill hemmer will bring you the event live in times square and new york city. you can be a part of the broadcast by texting your happy new year's messages to the show. here how you do it. you type the the u text, got it. type a space and ascend brief message. utext space and your
geithner warned the government would hit its legal borrow i borrowing limit i limit by monday. geithner says the treasury will be forced to take, quote, extraordinary measures to keep paying the bills. he also referenced the impending fiscal cliff, which threatens to derail the economy if a compromise can't be reached by next week on those big unanswered issues. with both sides locked in the standoff, house republicans are calling on senate democrats to act first. democrats aren't budging much on their demands. they want to extend tax cuts and incomes below $250,000, prolong unemployment benefits, and delay those sweeping spending cuts. sam stein. >> yes. >> what happens in -- and it appears it will happen -- we go off the fiscal cliff for a few days? >> not much, is my understanding. kwb, over time, it will have much more of an impact, and it's unknown exactly what the market's psyche will do with respect to the government's inability to come together. with respect to the tax hikes, it won't be as bad as the rhetoric is suggesting early on. whether it's enough to actually get people to
the road. no sham toast for the treasury department. that is the day the u.s. government is estimated to hit $16.4 trilli $16.4 trillion borrowing limit. in a letter to congress timothy geithner says he will take several accounting measures to start the new year that. will keep the gvtmeovernment from reaching the limit until a fiscal deal is reached and the economy can save off the debt. >> let's talk about toyota? >> owners of 60 million lexus and cars from 1998 to 2010 may be getting some cash. toyota has agreed to pay more than a billion dollars to settle a class action lawsuit. toyota will create a fund for retrofitting more than 3 million cars of technology that makes it easier for them to stop. in late 2009, all of 20010 due to lower resail value of the car. toyota has not admitteded any guilt on this topic. >> they get a big chunk of change and the car owners a little bit. >> for many passengers air travel is about finding the cheeps air fair. as airlines offer more and more add-ons from early boarding to premium seating to baggage fees that ability to comparison shop is prett
because it's big, wasteful government. it doesn't need to be that way if we were empowering people to succeed on the front end. >> mayor, we're going to make you late, so i'm going to offer one thought before you check out and give you the last word, and that is -- [inaudible] [inaudible conversations] >> when we first met, i remember saying to you that i liked your tie, and you took that tie off and gave it to me. and i think that you offer that to the country. you offer us your light, and so many of us, 1.2 million on twitter, but lots of folks we can tell you all across the country on the book tour ask us about you, about the light that you draw us to, hope, optimism and knowing that the future for this country is bright if we're in it together. i was stumped, by the way, in anchorage when a woman asked me, is he really as sexy as he seems? [laughter] i said -- >> i'm what you call a 40-footer. i look much better from far away. >> but i want to thank you for the light that you shared with us in this book and the light that you bring to the people of newark, but the light that yo
. he is now telling congress that the u.s. government will reach its borrowing limit by next monday, the 31st. remember how much fun the last debt ceiling fight was? well, that news comes as president obama rushes home to washington, cutting short his hawaiian vacation in order to resume talks on the fiscal cliff. there are just five days remaining to strike a deal. we'll get to all that in a moment, but first, we begin with a massive winter storm that made holiday travel miserable for millions of americans, including me! winter storm euclid -- what, are we naming snowstorms now? euclid. you can lid? well, euclid blanketed much of the eastern half of the country yesterday, dropping blizzard-like conditions and record snowfall in the midwest, and by late afternoon, euclid moved northeast, bringing traffic to a standstill, forcing the cancellation of more than 1,500 flights on one of the busiest travel days of the year. the weather channel's mike seidel has more on the massive christmas storm. >> reporter: a major snowstorm has dumped over a foot of snow across parts of the midwest. i
, the russian's government politically motivated decision will reviews adoption poblg it is for children who are now under institutional care. we are further concerned about statements that adoptions already underway may be stopped and hope that the russian government would with allow those children who have already met and bonded with their furp parent to finish the necessary legal procedures so they can join their families. so, you are hearing from the u.s. officials but not much? >> i don't know that they have gotten through with the rsh an officials figuring out how they are going to implement the law yet. it's so new still. maybe in the next week or two. >> who surfa-- who suffers here? >> even, we may have to step back and say, okay, that is -- so much for that dream. but the families who have already met the kids and held them and created bedrooms and collected toys, i don't understand how they can be put through that kind of a nightmare and our hearts go out to them. and the children raised in institutions, it's just not the same as having a mom and dad or even just a mom or a dad. n
to be something nefarious going on. i can't imagine a government official or agency justifying the use of false e-mail addresses there were actually dummy names being used. phony names. lisa jackson steps down inexplicably. the president gives a vague pat on the back and she goes out the door. always in this world of what would be like if it was a republican administration. from "fast and furious" to benghazi and now this. and yet the mainstream media likes to say, move along, nothing to see here. gregg: now we have a similar scandal and the epa. what you say? >> a libertarian think tank is alleging that this woman had a phony e-mail address. there is also the fact that almost all public agencies, there is a public e-mail address and an internal e-mail addresses they can communicate with each other. since it is a secret or phony e-mail address, and environmental protester -- he doesn't want to be pro-pipeline, give the administration and all these issues -- he is alleging that this one person used a false e-mail address, a phony name, and did some things falsely under that name. >> let's have som
a government where the citizens were unarmed and the government was so powerful it could kill people. it is not just for hunting. it is for personal protection from foreigners that might come in. it could be terrorists or our own government turning on us. we always think we are protected because we have the freedom but just like reagan and some of them have said, we are always one step away from losing those freedoms. that is one thing to be said. the other thing is that i believe the entertainment industry is a lot to blame in many ways. we have the violent video games, first person shooters, that desensitize the kids and adults. . host: that goes to the freedom of speech of the american constitution. how do you think congress should deal with the entertainment industry, video games, and the arguments that we will hear from supporters of the entertainment industry saying this might infringe on the first amendment? caller: there is a first amendment right but there is personal responsibility and a moral responsibility. all we are putting out there is sex and violence. the sex is a bl
a archaic 1947 law, unless the new bill is passed by december 31st, the government will be forced to buy vast quantities of milk at twice the wholesale rate. two bills are in congress. the senate passed one for $23 billion in savings. the house is looking to enact 35 billion. the sticking point the full house of representatives hasn't approved the bill. >> the farm bill is like this low hanging ornament on the congressional christmas tree that if they just embrace it, they can automatically come up with tens of billions of dollars in budget savings. and then they can figure out where else they need to cut spending after that. >> reporter: the secretary of agriculture tom vilsack has said his department is preparing a case the permanent law comes into effect. temporary solution is to attach a farm bill extension to the fiscal cliff legislation. harris? harris: is there anything besides milk we need to be aware of? are we looking potentially at higher prices among many farming commodities for example? >> reporter: yeah. it is not just the cows. it is the crops too. it is possibility the go
. the cuts, which are politically expedient, but costly to government expire in ten years time. >> both houses of congress have now passed a package of tax relief that will protect the middle class. >> when it came time for the cuts to expire, the u.s. is just emerging from the worst recession since the great depression. so president obama agreed to extend the tax cuts for two more years in exchange for congress extending federal emergency unemployment benefits. those cuts are expensive. if they're extended by 2020, the bush-era tax cuts will be responsible for more than half the total national debt. democrats insist that taxes go up for the wealthy but stay in place permanently for those earning less than $250,000 a year. >> we need to stop the job killing tax hikes, and we need to start cutting spending now. >> republicans refuse to play ball. they say no higher rates on the rich, no tax hikes on anyone. based on an ideology that calls for government to be as small as possible. the roots are as old as american politics, but today the philosophy's main spokesman is this man. grover nor
.s. government. deals of the government. lockheed martin, granted construction. grumed. saint jude medical. motorola, waste manage: these are companies that not only have big contracts with the government but employ a lot of people who should these contracts not be renewed to the extent they are right now. those employees could be facing an uncertain future. >> harris: wow, at a time when we're still trying to generate enough jobs to break even at the end of the month. >> that's right. >> harris: adam shapiro, thank you. three police officers recovering from a rampage that played out inside their police station. it happened in southern new jersey. they say a man police had arrested for domestic violence started shooting. >> while he was being processed, he got into a violent confrontation with the officers. he fired -- he obtained a firearm. he fired and struck three of the officers. >> harris: then those officers shot that man dead. david lee miller live in the newsroom. david lee, how did this guy get his hands on a gun inside a police station. >> harris, he was being processed at the t
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